Trump adviser Kudlow would abolish corporate income tax

A previous version of this report included an incorrect title for the new Larry Kudlow book.

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Larry Kudlow.

Appearing on the MSNBC program “Morning Joe” on Tuesday to promote his book “JFK and the Reagan Revolution: A Secret History of American Prosperity,” Larry Kudlow, the conservative commentator and economic analyst, a supply-sider of long standing, was asked what, in his role as an informal economic adviser to the Trump campaign, he’d recommend for the corporate tax rate, which, he said, is currently 40%. His reply:

‘I’d be at zero. Trump is at 15[%].’
Larry Kudlow

Wresting the conversation back to his book, Kudlow later posited that, were he around today, John F. Kennedy would be a Republican and a hawkish one at that.

Noting that Donald Trump, in common with Ronald Reagan and himself, was once a registered member of the Democratic Party, Kudlow posited that all the best Republicans are ex-Democrats.

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